In his latest book, The Value of Nothing, Raj Patel explores the failures of so-called free market capitalism, and highlights some of the ways people are changing the democratic system. One of the most exciting social movements for Patel is the food movement, where thousands of people are raising the bar for social justice by improving the health and environmental impacts of the food we produce, and the labor practices employed in how we bring food to the table, with the goal of providing a stable food supply for all people.
The title of his book comes from a quote by Oscar Wilde, “Nowadays people know the price of everything and the value of nothing.” I spoke to Patel this week to better understand where our market system went wrong, and how we can begin to reclaim the idea of value from the marketplace. Read more